Binance Announces Decentralized Exchange Platform
Binance Announces Decentralized Exchange Platform
The CEO of Binance, Changpeng Zhao (also known as 'CZ') recently announced the demonstration of a new Binance-based decentralized exchange platform.
Changpeng Zhao took to Twitter yesterday to make the announcement:
" A first (rough, pre-alpha) demo of the Binance Decentralized Exchange (DEX), showing issuing, listing and trading of tokens. All cli based, no GUI yet. A small step for #BinanceChain, a big step for #binance." - Changpeng Zhao
Watch the Binance Chain / DEX Demo:
Decentralized Exchange Platforms are important because they allow users to retain control of their own private keys while exchanging. This eliminates the potential for security breaches and hacks that could otherwise cause a loss of user funds.
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Use Bitcoin for Amazon Purchases and Save $$$
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